AvidXchange Holdings, Inc. – NASDAQ:AVDX

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$9.9

-0.46

-4.53%

Market closed

Open in 3 days

-15.76%

month

-15.76%

quarter

-16.44%

year

Market Cap	2.13B
Enterprise value	1.33B

P/E	-15.38
EV/Sales	4.20
EV/EBITDA	-28.09
Price/Sales	4.83
Price/Book	2.32
PEG ratio	-0.19
EPS	-0.16

Revenue	399.49M
EBITDA	7.90M
Income	-32.34M
Revenue Q/Q	21.62%
Revenue Y/Y	20.34%

Profit margin	-32.02%
Oper. margin	-27.62%
Gross margin	62.74%
EBIT margin	-27.62%
EBITDA margin	1.98%

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10 years history
Forward ratios (Analysts estimates)

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AvidXchange Holdings Stock Forecast

M Q Y

Last Year

$11

Potential upside: 11.11%

Analysts Price target
Financials & Ratios estimates

AvidXchange Holdings, Inc. (NASDAQ:AVDX): Profit margin
Jun 2023	91.15M	-18.77M	-20.59%
Sep 2023	98.68M	-8.09M	-8.2%
Dec 2023	104.06M	-4.47M	-4.3%
Mar 2024	105.59M	-1.00M	-0.96%

AvidXchange Holdings, Inc. (NASDAQ:AVDX): Earnings per share (EPS)
2023-11-08	-0.05	0.03
2024-02-28	0.01	0.05
2024-05-08	0.03851	0.06

AvidXchange Holdings, Inc. (NASDAQ:AVDX): Debt to assets
Jun 2023	2087429000	1.44B	69.12%
Sep 2023	2120798000	1.47B	69.43%
Dec 2023	2483737000	1.82B	73.57%
Mar 2024	2118503000	1.44B	68.39%

AvidXchange Holdings, Inc. (NASDAQ:AVDX): Cash Flow
Jun 2023	8.98M	-40.68M	139.37M
Sep 2023	5.65M	-3.27M	36.73M
Dec 2023	20.18M	51.72M	347.57M
Mar 2024	-6.35M	-59.54M	-355.61M

AvidXchange Holdings alternative data

AvidXchange Holdings
Employees

AvidXchange Holdings, Inc. (NASDAQ:AVDX): Employee count
Aug 2023	1,600
Sep 2023	1,600
Oct 2023	1,600
Nov 2023	1,600
Dec 2023	1,600
Jan 2024	1,600
Feb 2024	1,600
Mar 2024	1,600
Apr 2024	1,600
May 2024	1,600
Jun 2024	1,600
Jul 2024	1,600

AvidXchange Holdings
Hedge Funds Holdings Q3 2022

68.07% -1.16%

of AVDX is owned by hedge funds

110 -2

hedge funds hold AVDX stock

134.68M -1.71M

shares is hold by hedge funds

AVDX hedge funds holdings changes

AvidXchange Holdings
Insider Trading

AvidXchange Holdings, Inc. (NASDAQ:AVDX): Insider trades (number of shares)
Period	Buy	Sel
May 2024	0	41499
Aug 2024	0	166375
Sep 2024	0	10270
Oct 2024	0	7427
Nov 2024	0	167582
Dec 2024	0	81093

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	10 Dec 2024	MACKINTOSH TERESA director director	Common Stock	400	$11.04	$4,414
Sale	9 Dec 2024	HAUSMAN JAMES E director director	Common Stock	25,000	$11.25	$281,300
Sale	6 Dec 2024	MACKINTOSH TERESA director director	Common Stock	13,316	$11.44	$152,375
Sale	2 Dec 2024	PRAEGER MICHAEL director, officer..	Common Stock	42,377	$11.41	$483,310
Sale	29 Nov 2024	GIBSON ANGELIC officer: See Remarks officer: See Remarks	Common Stock	30,000	$11.41	$342,300
Sale	22 Nov 2024	CUNNINGHAM TODD ALAN officer: See Remarks officer: See Remarks	Common Stock	12,500	$11	$137,500
Option	15 Nov 2024	WILHITE JOEL officer: See Rema..	Common Stock	16,324	N/A	N/A
Sale	15 Nov 2024	WILHITE JOEL officer: See Rema..	Common Stock	3,754	$10.43	$39,147
Sale	15 Nov 2024	WILHITE JOEL officer: See Rema..	Common Stock	8,007	$10.43	$83,497
Option	15 Nov 2024	WILHITE JOEL officer: See Rema..	Common Stock	7,652	N/A	N/A

AVDX insider trading transactions

AvidXchange Holdings
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 8 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 28 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 11 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 5 Aug 2023	Q2 2023 Earnings Call Transcript

AVDX earnings call transcripts

AvidXchange Holdings
Executives

Insider	Age	Compensation
Mr. Michael Praeger (1965) Co-Founder, Chairman, Pres & Chief Executive Officer	60	$737,570
Mr. Daniel Drees (1968) Chief Growth Officer & Senior Vice President	57	$577,480
Mr. Joel Wilhite (1970) Senior Vice President & Chief Financial Officer	55	$556,750

AvidXchange Holdings
Latest News

Wednesday, 13 November 2024
08:30	AvidXchange to Participate in Upcoming Investor Conferences	globenewswire.com
Wednesday, 6 November 2024
23:00	AvidXchange (AVDX) Reports Q3 Earnings: What Key Metrics Have to Say	zacks.com
17:22	Why AvidXchange Holdings Stock Triumphed Today	fool.com
11:44	AvidXchange Holdings, Inc. (AVDX) Q3 2024 Earnings Call Transcript	seekingalpha.com
09:00	AvidXchange Holdings, Inc. (AVDX) Matches Q3 Earnings Estimates	zacks.com
06:45	AvidXchange Announces Third Quarter 2024 Financial Results	globenewswire.com
Monday, 4 November 2024
10:22	Ahead of AvidXchange (AVDX) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics	zacks.com
Tuesday, 29 October 2024
19:06	AvidXchange Holdings, Inc. (AVDX) Stock Declines While Market Improves: Some Information for Investors	zacks.com
Thursday, 24 October 2024
19:20	AvidXchange Holdings, Inc. (AVDX) Stock Sinks As Market Gains: Here's Why	zacks.com
Wednesday, 23 October 2024
09:00	AvidXchange Announces Winners of the Inaugural Change Maker Awards	globenewswire.com
Thursday, 17 October 2024
09:00	Automation Drives Higher Career Satisfaction for Accounts Payable Professionals, New Survey Reveals	globenewswire.com
Wednesday, 16 October 2024
19:21	AvidXchange Holdings, Inc. (AVDX) Stock Declines While Market Improves: Some Information for Investors	zacks.com
Tuesday, 8 October 2024
19:20	AvidXchange Holdings, Inc. (AVDX) Exceeds Market Returns: Some Facts to Consider	zacks.com
16:05	AvidXchange Announces Timing of Its Third Quarter 2024 Financial Results Conference Call and Webcast	globenewswire.com
Thursday, 26 September 2024
19:21	AvidXchange Holdings, Inc. (AVDX) Stock Sinks As Market Gains: Here's Why	zacks.com
Friday, 20 September 2024
19:06	Why the Market Dipped But AvidXchange Holdings, Inc. (AVDX) Gained Today	zacks.com
Tuesday, 17 September 2024
10:00	AvidXchange 2025 Trends Survey Reveals Finance Leaders' Top Priorities	globenewswire.com
Friday, 13 September 2024
07:30	AvidXchange Being Investigated on Behalf of AvidXchange Holdings, Inc. Investors. Contact Levi & Korsinsky For Details	accesswire.com
Thursday, 12 September 2024
07:30	Investors who lost money on AvidXchange Holdings, Inc. should contact Levi & Korsinsky about an ongoing investigation - AVDX	accesswire.com
Wednesday, 11 September 2024
07:30	AVDX ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by AvidXchange Holdings, Inc.	accesswire.com
Tuesday, 10 September 2024
07:25	AvidXchange Holdings, Inc. (AVDX) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates	accesswire.com
Monday, 9 September 2024
07:30	Shareholder Rights Advocates at Levi & Korsinsky Investigate AvidXchange Holdings, Inc. (AVDX) Regarding Possible Securities Fraud Violations	accesswire.com
Saturday, 7 September 2024
21:01	AvidXchange Holdings, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details- AVDX	accesswire.com
12:00	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AvidXchange Holdings, Inc. - AVDX	accesswire.com
Thursday, 5 September 2024
17:15	AvidXchange Holdings, Inc. (AVDX) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights	accesswire.com
17:00	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AvidXchange Holdings, Inc. - AVDX	accesswire.com
Wednesday, 4 September 2024
17:45	Lost Money on AvidXchange Holdings, Inc.(AVDX)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky	accesswire.com
Tuesday, 3 September 2024
20:31	SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of AvidXchange Holdings, Inc. - AVDX	prnewswire.com
Friday, 30 August 2024
10:15	AvidXchange Holdings, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by AvidXchange (AVDX)	accesswire.com
Thursday, 29 August 2024
18:30	Lost Money on AvidXchange Holdings, Inc.(AVDX)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky	accesswire.com

Ideas & Opinions

Seeking Alpha 31 May 2024

AvidXchange Holdings: Positive Outlook
Seeking Alpha 5 Dec 2023

AvidXchange: Excellent Performance, Business On Track To >20% Growth
Seeking Alpha 10 Nov 2023

AvidXchange: Bullish On Middle Market Focus And New Partnership
Seeking Alpha 7 May 2023

BILL Holdings: Leading The Market In SMB AP Automation
Seeking Alpha 6 Mar 2023

AvidXchange: Positive Outlook And Attractive Valuations
Seeking Alpha 1 Mar 2023

AvidXchange Holdings, Inc. 2022 Q4 - Results - Earnings Call Presentation
Seeking Alpha 21 Dec 2022

AvidXchange Increases Guidance But A Slower 2023 Awaits
Seeking Alpha 1 Dec 2022

AvidXchange Holdings: Purpose-Built Solution To Target The Mid-Market
Seeking Alpha 21 Oct 2022

AvidXchange Grows Revenue But Operating Losses Mount

Frequently Asked Questions (FAQ)

What's the price of AvidXchange Holdings stock today?

One share of AvidXchange Holdings stock can currently be purchased for approximately $9.9.
When is AvidXchange Holdings's next earnings date?

Unfortunately, AvidXchange Holdings's (AVDX) next earnings date is currently unknown.
Does AvidXchange Holdings pay dividends?

No, AvidXchange Holdings does not pay dividends.
How much money does AvidXchange Holdings make?

AvidXchange Holdings has a market capitalization of 2.13B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20.35% to 380.72M US dollars. AvidXchange Holdings made a loss 47.33M US dollars in net income (profit) last year or $0.06 on an earnings per share basis.
What is AvidXchange Holdings's stock symbol?

AvidXchange Holdings, Inc. is traded on the NASDAQ under the ticker symbol "AVDX".
What is AvidXchange Holdings's primary industry?

Company operates in the Technology sector and Software - Infrastructure industry.
How do i buy shares of AvidXchange Holdings?

Shares of AvidXchange Holdings can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are AvidXchange Holdings's key executives?
AvidXchange Holdings's management team includes the following people:
- Mr. Michael Praeger Co-Founder, Chairman, Pres & Chief Executive Officer(age: 60, pay: $737,570)
- Mr. Daniel Drees Chief Growth Officer & Senior Vice President(age: 57, pay: $577,480)
- Mr. Joel Wilhite Senior Vice President & Chief Financial Officer(age: 55, pay: $556,750)
Is AvidXchange Holdings founder-led company?

Yes, AvidXchange Holdings is a company led by its founder Mr. Michael Praeger.
How many employees does AvidXchange Holdings have?

As Jul 2024, AvidXchange Holdings employs 1,600 workers.
When AvidXchange Holdings went public?

AvidXchange Holdings, Inc. is publicly traded company for more then 3 years since IPO on 13 Oct 2021.
What is AvidXchange Holdings's official website?

The official website for AvidXchange Holdings is avidxchange.com.
Where are AvidXchange Holdings's headquarters?

AvidXchange Holdings is headquartered at 1210 AvidXchange Lane, Charlotte, NC.
How can i contact AvidXchange Holdings?

AvidXchange Holdings's mailing address is 1210 AvidXchange Lane, Charlotte, NC and company can be reached via phone at +800 5609305.
What is AvidXchange Holdings stock forecast & price target?

Based on 4 Wall Street analysts` predicted price targets for AvidXchange Holdings in the last 12 months, the avarage price target is $11. The average price target represents a 11.11% change from the last price of $9.9.

AvidXchange Holdings, Inc.

avidxchange.com

Exchange:

NASDAQ

Full time employees:

1,600

Industry:

Software - Infrastructure

Sector:

Technology

AvidXchange Holdings, Inc. provides accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers in North America. The company offers AP automation software, a SaaS-based solution that automates and digitizes capture, review, approval, and payment of invoices for buyers; the AvidPay network that connects two-sided payments with buyers and suppliers; and cash flow manager that provides cash management solutions. Its platform offers electronic invoice capture, workflow routing, and automated payments solutions. The company markets its solutions through direct salesforces; strategic channel partnerships; and software and technology business partners. It serves real estate, homeowners associations, construction, financial services, healthcare facilities, social services, education, and media sectors. The company was incorporated in 2000 and is headquartered in Charlotte, North Carolina.

+800 5609305

1210 AvidXchange Lane
Charlotte, NC 28206

CIK: 0001858257
ISIN: US05368X1028
CUSIP: 05368X102